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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Asset liquidation        
Commissions and other $ 2,358 $ 1,365 $ 7,549 $ 4,687
Asset sales 682 4,738 2,094 6,212
Total revenue 3,040 6,103 9,643 10,899
Operating costs and expenses:        
Asset liquidation 516 3,385 2,128 4,419
Real estate inventory write-down 2,748 0 2,748 0
Selling, general and administrative, including expenses paid to related parties 3,045 2,698 8,953 7,456
Depreciation and amortization 166 119 490 357
Total operating costs and expenses 6,475 6,202 14,319 12,232
(Losses) earnings of equity accounted asset liquidation investments (34) (41) 105 (53)
Operating loss (3,469) (140) (4,571) (1,386)
Other income (expenses):        
Earnings of other equity method investments 0 129 5 164
Interest expense - third party (127) (79) (262) (250)
Interest expense - related party (21) (43) (66) (149)
Total other (expense) income (148) 7 (323) (235)
Loss before income tax expense (3,617) (133) (4,894) (1,621)
Income tax expense 20 55 23 24,722
Net loss (3,637) (188) (4,917) (26,343)
Other comprehensive income (loss):        
Foreign currency translation adjustments 4 (7) (25) 9
Comprehensive loss $ (3,633) $ (195) $ (4,942) $ (26,334)
Weighted average common shares outstanding - basic and diluted (in thousands) 28,468 28,167 28,293 28,167
Net loss per share - basic and diluted $ (0.13) $ (0.01) $ (0.17) $ (0.94)